Tuesday, February 25, 2014 9:33:42 AM
Spoke with company general manager they are legitimate.
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Spoke with general manager. Company is in a quiet period until march 17 then they can begin to issue updates.
1. Electric vehicles are in transit to the u.s.
2.Scouting for manufacturing facility for eventual manufacture in u.s.
3. China auto factory which currently produces the ev-go is one of the "big three" automakers in china producing for honda and infinity etc.
The husband and wife team mentioned here are the former owners of the zegarelli shell company. 2050motors is run by Michael Hu. He had the China connection which enabled 2050 to get the exclusive rights to the ev-go.
I'n not worried about fraud here but yes it is a brand new company and i'm sure they'll need to raise funds before they ever get to the manufacturing stage but until then the plan is to import from china and use any positive cashflow to transition to a u.s. manufacturer. Electric vehicles are hot with TSLA hitting all time highs and i think the timing on this is good. I understand the skepticism the here. Lots of frauds in penny stock land but i'll try to keep an eye on these guys
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